Archive for May 18th, 2013

Benefits of an Attorney for Estate Planning

You do not have to be wealthy or old to take advantage of the benefits that an estate planning attorney phoenix AZ provides. It is common for people to have misconceptions of Arizona estate planning. It does not matter if your old, young, rich or poor, Arizona estate planning is important. In the event something goes wrong, you want your affairs to be in order. The first thing that comes to people’s mind when they hear the phrase “estate planning” is making out a will. An Arizona estate planning lawyer will assist you with the development of a will that will pass requirements set by courts.

By hiring an Arizona estate planning attorney, you will prevent your heirs from fighting over your assets. There is much more that an Arizona estate planning lawyer can do for you in the event you pass away and leave behind assets and possessions to heirs. In other words, a Mesa estate planning attorney will provide you much more than just developing a comprehensible will. For example, estate planning attorneys will help you prevent your assets and wealth from being seized. Furthermore, you can avoid high estate taxes by having an attorney create trusts, which will protect your assets and possessions.

A Mesa estate planning lawyer will also assist you with establishing a power of attorney. You need a power of attorney if you are unable to speak or make decisions on your own. A big part of creating a power of attorney is finding someone you can trust. Without a power of attorney, you family members and loved ones will not be able to access your assets and possessions, such as bank accounts. Establishing a living will is crucial for managing your assets in the event something goes wrong. Be sure to compare attorneys online and take the time to find someone you can trust for your power of attorney.